According to U.Today, Justin Sun, the founder of Tron blockchain, recently shared his insights on the evolution of staking and restaking services in the cryptocurrency world. Sun, whose transactions are publicly tracked, has been linked to numerous large-scale transactions in recent months. He explained that these transactions are part of his investment strategy in the growing field of staking and restaking.
Sun noted that staking and restaking have seen significant long-term development and have achieved substantial results. He anticipates that service providers in this niche will soon become independent brands and entities. Sun is optimistic that these spin-offs will be large enough to support and empower all blockchain protocols globally. He also believes that these ventures may attract investments from top international investment firms.
The Tron founder predicts that the earnings from these firms will play a crucial role in supporting users, developers, and the community. They will also seek external financing and accept investments from top international investment institutions. The group's earnings will, in turn, support users, developers, and the community, fostering mutual prosperity and cooperation.
Sun clarified that he is only an advisor to the staking business and that his investments are likely focused on promoting the growth of staking and restaking. He also mentioned that the cryptocurrency ecosystem is evolving rapidly, with new use cases emerging regularly. Liquid restaking, a new venture being championed by Ethereum innovators, is one such example. While Ether.fi is leading in this niche, newer entrants like EigenLayer are beginning to capitalize on the bullish sentiment for these products. Sun suggested that many projects, such as Shiba Inu, may consider pivoting to restaking in the long term to return value to their users.